NEW YORK (Reuters) - All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week's losses.

(Reuters) - Netflix Inc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television expands globally.

NEW YORK (Reuters) - The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the departure of co-founder Harvey Weinstein.

Iraqi forces took control of the local government building in Kirkuk on Monday, pushing out Kurdish fighters and effectively retaking the oil-rich city after skirmishes that raised fears of a wider conflict between two of the closest U.S. allies in the war against Islamic State.

This is the era of passive investing, but while the strategy has been incredibly favored and successful for years, the U.S. stock market in every major way remains driven by the views of active managers and the moves of individual securities.

Netflix Inc. will report third-quarter earnings after the market closes on Monday. The company's subscriber growth numbers are always a focus for investors and analysts have forecast that Netflix will report net additions above previous expectations.

MONTREAL (Reuters) - Striking Canadian workers on Monday voted nearly 86 percent in favor of a new four-year agreement with General Motors Co in a deal that would make it more costly for the U.S. automaker to shut the Ontario plant.

(Reuters) - T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter.

Investors may not care so much if GE can beat earnings expectations, since it usually does. The real question is whether new CEO John Flannery’s first quarterly report can finally get the stock to rally.

U.S. stocks close higher Monday, with all three major indexes logging another round of records, as investors looked ahead to key corporate earnings reports that could set the tone for trading and determine whether the lofty levels of the equity market are justified.

Army Sgt. Bowe Bergdahl, who walked off his post in Afghanistan in 2009 and was held in captivity for five years by the Taliban, pleaded guilty to desertion and misbehavior before the enemy on Monday, saying “I understand leaving was against the law.”

For those hoping to witness a tamping down of tensions between Washington and Pyongyang, the weekend was a grave disappointment, at least in the eyes of Council on Foreign Relations President Richard Haass and Washington Post foreign-affairs writer David Ignatius.

The U.S. dollar rallies to intraday highs following comments by President Donald Trump at a news conference on Monday, where he reiterated that tax reform his expectation that reforms to tax policy would be completed by year-end.

President Donald Trump on Monday said he’d be “looking into” his nominee for drug czar after a report that he helped to steer legislation that could benefit drug companies, backtracked after saying former presidents didn’t call the families of fallen U.S. soldiers, and said he has an “outstanding” relationship with Senate Majority Leader Mitch McConnell.

(Reuters) - Nordstrom Inc said on Monday that a founding family group had suspended attempts to take the U.S. department store operator private because of difficulties in arranging debt financing for its bid ahead of the key holiday shopping season.

NEW YORK (Reuters) - A brokerage industry regulator on Monday ordered Wells Fargo & Co to return $3.4 million (2.56 million pounds) to customers after selling them inappropriate investment products, the latest sign that a culture of problematic sales practices has bled into areas outside its consumer bank.

BOSTON (Reuters) - State Street Corp has drawn praise for its efforts to put more women on corporate boards, notably the "Fearless Girl" statue it placed near Wall Street. But new records show the company did not throw its full weigh behind boardroom diversity initiatives this year - complicating activists' plans for 2018.

BERLIN/WASHINGTON (Reuters) - Daimler AG is recalling more than 1 million Mercedes-Benz cars and sport utility vehicles worldwide to address potential unintended air bag deployments, the German automaker said on Monday.

U.S. stocks rose on Monday, with major indexes hitting new records as investors looked ahead to key corporate earnings reports that could set the tone for trading and determine whether the lofty levels of the equity market are justified by fundamentals.

NEW YORK (Reuters) - The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the departure of co-founder Harvey Weinstein.

Private-equity firm Colony Capital could buy Weinstein Co. after its brand name was tarnished in recent weeks, as dozens of women accused its former co-chairman Harvey Weinstein of sexual assault and harassment.

Filmmaker Woody Allen said Sunday the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein was “very sad” for all involved, but that he’s worried the allegations will lead to a “witch hunt.”

U.S. stocks rose on Monday, with major indexes hitting new records as investors looked ahead to key corporate earnings reports that could set the tone for trading and determine whether the lofty levels of the equity market are justified by fundamentals.

TOKYO (Reuters) - Just over a week out from revelations of a cheating scandal that plunged Kobe Steel Ltd in crisis and ensnared hundreds of firms, the embattled steelmaker's shares skidded to five-year lows on Monday as investors worried about the financial and legal fallout.

NEW YORK (Reuters) - The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the departure of co-founder Harvey Weinstein.

(Reuters) - Nordstrom Inc said on Monday its founding family had suspended attempts to take the upscale retailer private for the rest of the year due to difficulties in arranging funds for the deal ahead of the holiday season.

Investors can expect mention this quarter of some of the unusual and possibly one-off events of the last three months, including the three hurricanes that devastated parts of Texas, Florida and the Caribbean, and caused major damage in Puerto Rico.

MongoDB Inc. looks to be the next big tech initial public offering after Roku Inc.’s booming debut, as the database software startup valued at more than $1.5 billion looks to increase its “financial flexibility.”

(Reuters) - The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the departure of co-founder Harvey Weinstein.

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday agreed to decide whether American Express Co is violating federal antitrust law by forbidding merchants that accept its credit cards from encouraging customers to use rival cards that charge lower fees.

DUBAI/LONDON (Reuters) - China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world's biggest oil producer on the stock market.

(Reuters) - The Weinstein Company has entered talks for a sale of the bulk of its assets with private equity firm Colony Capital, the two companies said in a statement on Monday. http://reut.rs/2ykT2if

WASHINGTON (Reuters) - The leaders of the world's top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a time when the lingering effects of the crisis, evolving technology and a combustible political landscape will challenge their successors.

BERLIN (Reuters) - Daimler has committed more than 100 million euros ($118 million) to help create separate legal entities for its Mercedes-Benz cars and Daimler Trucks divisions, a move that would facilitate an eventual break up of the German company.

The global economy appears to be in a sweet spot given the upturn in global economic growth and low inflation in advanced economies, economist Nouriel Roubini said Saturday, even as risks exists from factors as varied as U.S. protectionism, Chinese growth and Federal Reserve policy.

The Spanish government signals it will begin moves to strip Catalonia of its autonomy if the region’s leaders don’t comply, after the Catalan president fails to put the record straight on whether he has declared independence or not.

Artificial intelligence will unlock new opportunities for jobs and economic activity, but will pose the same thorny issues that trade does concerning displaced workers until better institutions are created, according to a panel at a leading banking conference on Saturday.

Bank management fielded questions from analysts for an hour after reporting third-quarter earnings, but only got one about the fraudulent account practices that have cost the bank in reputation, fees, and customer loyalty.

The New York Fed reported that its Empire State manufacturing index climbed to a three-year high of 30.2 in October from 24.4 in September, topping the Econoday-compiled consensus of 20. Any reading over zero indicates improving conditions.

Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq, while an explosion at a U.S. oil rig and reduced exploration activity supported prices there.
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(Reuters) - Viacom Inc and Charter Communications Inc agreed on a short-term extension of their renewal deadline, a source familiar with the matter said, as the companies aim to avoid the immediate blackout of Viacom networks.

(Reuters) - T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter.

TOKYO (Reuters) - Just over a week out from revelations of a cheating scandal that plunged Kobe Steel Ltd in crisis and ensnared hundreds of firms, the embattled steelmaker's shares skidded to five-year lows on Monday as investors worried about the financial and legal fallout.

LONDON (Reuters) - World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as an escalation in fighting between the Iraqi government and Kurdish forces threatened supply.

(Reuters) - U.S. stock index futures pointed to a slightly positive start for Wall Street on Monday as investors pondered a solid initial round of third quarter company earnings and awaited a further flood of results this week.

The U.S. dollar latched onto a small rise after U.S. Federal Reserve Chief Janet Yellen again left open the possibility of further interest-rate increases in 2017, while markets kept tabs on developments over Catalan’s independence drive.

BERLIN (Reuters) - Daimler has started the process of creating separate legal entities for its Mercedes Benz cars and Daimler Trucks divisions, a move that has fuelled speculation of an eventual break up of the German automaker.

TOKYO (Reuters) - Toyota Motor Corp on Monday said it would begin testing self-driving electric cars around 2020, which will use artificial intelligence (AI) to engage with drivers, as the company competes with tech firms to develop new vehicles.

Ex-hurricane Ophelia barreled toward Ireland on Monday morning, causing much of the country to go on lockdown against life-threatening weather conditions expected ahead of the storm’s landfall later in the day.

SYDNEY (Reuters) - Asian shares rallied to a decade high on Monday as upbeat Chinese data boosted commodity prices, while the euro extended losses after the Catalan leader failed to give a clear answer to whether or not he declared independence from Spain.

(Reuters) - Food services company Aramark said on Monday it would buy Avendra LLC, majority owned by Marriott International Inc , and uniform and linen supplier AmeriPride Services Inc for a total of $2.35 billion, before tax benefit adjustments.

Iraqi forces clashed with fighters from the Kurdish semiautonomous region near the oil-rich province of Kirkuk early Monday, raising the stakes in a standoff over Kurdish independence, Iraqi and Kurdish officials said.

Iraqi forces clashed with fighters from the Kurdish semiautonomous region near the oil-rich province of Kirkuk early Monday, raising the stakes in a standoff over Kurdish independence, Iraqi and Kurdish officials said.

TOKYO (Reuters) - Shares of embattled Kobe Steel Ltd tumbled to their lowest level in nearly 5 years on Monday, as a cheating scandal at the Japanese steelmaker ensnared hundreds of firms and left investors fearing for the financial and legal fallout.

SYDNEY (Reuters) - Asian shares advanced to a decade high on Monday, while U.S. oil futures jumped to hover near a six-month top as escalating tensions between the Iraqi government and Kurdish forces threatened supply.

SYDNEY (Reuters) - Asian shares advanced to new highs on Monday following Wall Street's lead, while U.S. oil futures jumped to hover near a six-month peak as escalating tensions between the Iraqi government and Kurdish forces threatened supply.

U.S. officials defended President Donald Trump’s refusal to certify the 2015 Iran nuclear agreement, saying the country threatens global stability even while technically complying with the accord itself.

Filmmaker Woody Allen said Sunday the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein was “very sad” for all involved, but that he’s worried the allegations will lead to a “witch hunt.”

The death toll from twin bombings in Somalia’s capital Mogadishu climbed above 200 over the weekend, making it one of the deadliest attacks in the country since an Islamist insurgency started a decade ago.

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